ECO2013 Unemployment Essay

It leads straight to poverty the national

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: much money and when people don’t spend much money, businesses don’t make money and then they have to cut people off which starts the whole cycle again. It leads straight to poverty! The national unemployment rate during the recent recession (2007-2009) was 5.0- 9.5 percent. The unemployment rate during that time compared to 2011 was that in 2011, in time it actually started decreasing by one percent. By the end of December in 2011 it was 8.5% and in the ending of 2009 it was 9.9%....
View Full Document

This document was uploaded on 03/25/2014 for the course ECO 2013 at Miami Dade College, Miami.

Ask a homework question - tutors are online